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This briefing paper was prepared ahead of the Monetary Dialogue between the Committee on Economic and Monetary Affairs (ECON) and the European Central Bank (ECB) President on Thursday, 15 February. It provides a summary of key monetary policy developments and decisions taken by the ECB’s Governing Council. This is the last Monetary Dialogue of the 9th legislative term.

The ECB in the age of turbulence

In-Depth Analysis 14-02-2024

This study discusses the ECB’s response to the recent crises, detailing interventions, new tools, and strategy shifts. It evaluates the effects of such crises on inflation expectations and financial stability across major European economies, offering insights into the euro area’s policy dynamics and challenges. This document was provided by the Economic Governance and EMU Scrutiny Unit at the request of the Committee on Economic and Monetary Affairs (ECON) ahead of the Monetary Dialogue with the ...

‘Bigtech finance’ – i.e. the provision of financial services by large digital conglomerates - has considerable implications for the EU’s growth model and raises multiple regulatory concerns about financial stability; competition and market concentration; data protection; cybersecurity and operational resilience. Bigtechs also have potential geostrategic implications because the largest digital platforms are headquartered outside the EU. To address these global challenges, this study makes recommendations ...

This briefing, commissioned by the European Parliament’s Policy Department for Citizens’ Rights and Constitutional Affairs at the request of the AFCO Committee, provides proposals for a formula for an allocation system for the future distribution of EP seats among the member states that is in line with the distribution criteria as laid down in Article 14(2) TEU and allows for a distribution of seats that is objective, fair, durable and transparent.

This paper, commissioned by the European Parliament’s Policy Department for Citizens’ Rights and Constitutional Affairs at the request of the AFCO Committee, proposes a permanent system for the allocation of seats in the European Parliament that ensures transnational electoral equality even under the conditions of increasing degressivity of national quotas. This is achieved through a system of proportional completion using a new EU-wide seat quota.

The euro area has been subject to a series of very different shocks, some of which, such as the COVID-19 pandemic, were unprecedented. While the ECB’s reaction to these deflationary shocks was vigorous, it persisted too long with its expansionary measures and failed to see their inflationary impact when energy prices shot up. The future is likely to bring new challenges, but climate change might not be the most important threat to price and financial stability. This document was provided by the ...

This briefing, written by the Policy Department for Citizens’ Rights and Constitutional Affairs at the request of the European Parliament's Committee on Civil Liberties, Justice and Home Affairs - Democracy, Rule of Law and Fundamental Rights Monitoring Group, examines the situation of Democracy, Rule of Law and Fundamental Rights in Denmark and how the values of Article 2 of the TEU are respected and implemented in the country.

This briefing, written by the Policy Department for Citizens’ Rights and Constitutional Affairs at the request of the European Parliament's Committee on Civil Liberties, Justice and Home Affairs - Democracy, Rule of Law and Fundamental Rights Monitoring Group, examines the situation of Democracy, Rule of Law and Fundamental Rights in Estonia and how the values of Article 2 of the TEU are respected and implemented in the country.

ECB monetary policy: Past, present and future

In-Depth Analysis 09-02-2024

This paper considers the past, present, and future of the ECB monetary policy. Looking backwards, the ECB has succeeded in navigating through several crises. Looking forward, the paper examines some of the main challenges confronting the ECB in the years ahead with climate change, digitalisation, inequality, sovereign indebtedness, and the completion of Banking Union complicating the pursuit of the price stability primary objective. This document was provided by the Economic Governance and EMU ...

The situation of young carers in Europe

In-Depth Analysis 08-02-2024

Young carers (YCs) are children under the age of 18 providing informal, unpaid and often unrecognised care to members of the household suffering from disabilities or otherwise requiring regular care. This in-depth analysis reviews a range of literature on legal recognition, stakeholder awareness and policies adopted at different levels in the EU regarding YCs. The aim is to provide readers with an appropriate evidence base and inform policy action in this area.